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Mortgage Processor - 3114723

Schenectady, NY

Job Number: 3114723 Pay Rate: $24/hr Is Position Remote?: Yes

Job Description

*12+ Month Contract Opportunity*


Lighthouse Technology Services is partnering with our client to fill their Mortgage Loan Processor position! This is a 12+ month, hybrid opportunity in Ballston Lake, NY. Qualified remote employees will be considered. This role will be a W2 employee of Lighthouse Technology Services.


What You'll Be Doing:

  • Maintain effective communication with customers, brokers, correspondents, loan officers, and internal teams to ensure a seamless loan application process.
  • Work with various internal departments and external organizations to obtain necessary processing documentation, including Verification of Employment, IRS Transcripts, title searches, appraisals, and bank statements.
  • Notify relevant parties of irregularities related to standard mortgage guidelines.
  • Monitor, update, and analyze credit reports, appraisals, income documentation, and verifications to ensure compliance with product, underwriting, and investor guidelines.
  • Perform administrative duties such as preparing and mailing commitment letters, reviewing title and homeowner’s insurance, mailing loan suspension notices, and providing closing attorneys with required documentation.
  • Ensures adherence to all regulatory requirements and guidelines.


What You'll Need to Have:

  • Associates degree with a minimum of one year mortgage industry experience or two years equivalent work experience, OR in lieu of a degree, three years equivalent work experience including a minimum of one year mortgage industry experience.
  • Knowledge of Product, Investor and Compliance Requirements.
  • Knowledge of mortgage processing and underwriting requirements.
  • Customer service experience.
  • Strong organizational skills and attention to detail.
  • Analytical and mathematical ability to evaluate loan applications and regulatory requirements.
  • Ability to assess loan applications, restructure loans as needed, and recommend solutions.
  • Familiarity with mortgage loan systems such as Empower and Encompass preferred.


Pay Rate: $24/hr


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About Schenectady, NY

Ready to spark your career in the vibrant region around Schenectady, New York? Nestled in the heart of the picturesque Capital District, this area offers a perfect blend of rich history, breathtaking landscapes, and thriving job opportunities. From exploring the stunning Mohawk River to savoring local delicacies like the famous Chicken Rigatoni at Johnny's Restaurant, there's something for everyone here. Dive into the dynamic arts scene at the Proctors Theatre or catch a game of the Union College Dutchmen. With a perfect mix of urban amenities and outdoor adventures at places like Central Park and the Empire State Aerosciences Museum, Schenectady is an irresistible choice for your next career move. Browse our job listings now and discover the endless possibilities awaiting you in this charming region!